Press release: Pedab Group strengthens its position in Europe through the acquisition of Cristie Nordic.
Stockholm, November 14, 2018
Pedab Group, a provider of IT-infrastructure, software solutions, and services from selected vendors to resellers, application developers and hosting companies, today announces that it has signed an agreement to acquire Cristie Nordic. The acquisition strengthens Pedab’s offering to partners and customers in the areas of data availability, storage and backup management. The acquisition supports Pedab’s growth strategy with the objective to create long-term partnerships and new business opportunities for its ecosystem.
Cristie Nordic is a Swedish company with focus on data availability for on-premises infrastructure organisations. The company has a turnover of approximately EUR 3 million with offices in Sweden, Norway, Denmark and Germany. They have an established customer- and partner- base in the Nordics, DACH and Poland. Cristie Nordics focus on manage, protect and store data with focus on availability and recovery assurance in an agile IT world.
In connection with the acquisition, Cristie Nordic’s employees will join the Pedab Group. “With the help of Pedab’s organization, we can increase the service levels for our customers. We also see great opportunities to increase our growth targeting a broader customer base through Pedab’s well-established ecosystems of partners, suppliers and customers”, says Karin Österman, CEO of Cristie Nordic. “I am pleased that Pedab becomes our new owner, as we have a consensus in creating partnerships that can create solutions tailored to the customers’ challenges and thereby adding value.” Karin Österman continues.
Cristie Nordic is today a partner of Pedab. The company joins Pedab Group from November 26th and will continue to work under its own name and remain in its premises in Kista until further notice.
“We see an increasing need in the market to make complex solutions available in a simple way. With the acquisition of Cristie Nordic, we can offer our partners and customers a solution where minimal or no modification is required,” says Jesper Bartholdson, CEO at Pedab Group.” Cristie Nordic complements our growth strategy and we can together provide a very strong offering for data availability, storage and backup management.
For further information please contact:
Jesper Bartholdson, CEO, Pedab Group, mobile: +46 766 201 401
Karin Österman, CEO, Cristie Nordic, mobile: +46 770 492 11 80
Pedab was founded in 1993 and provides IT-infrastructure, software solutions and services from selected suppliers to resellers, application developers and hosting companies. Pedab has 130 employees in eight countries, including Sweden, Norway, Denmark, Finland, Estonia, Lithuania, Latvia and France. Pedab provides products from leading vendors such as IBM, Huawei, Symantec, Centrify, Lenovo, Supermicro, Informatica and Clavister. The turnover of the Pedab Group for 2017/18 amounted to EUR 200 million, corresponding to a growth of 24.2 percent.